Southwest Florida Gwi Housing V Inc

Analysis

Southwest Florida Gwi Housing V Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southwest Florida Gwi Housing V Inc reported income of $214k and spending of $156k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $83k to $214k (+158%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southwest Florida Gwi Housing V Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Renewal House Inc ($214k), McKinley II Inc ($214k) and Cra Community Developement Group Incorporated ($214k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $16k. At year end it held assets of $306k against liabilities of $850k, net assets of -$544k.